The teaching profession can be extremely rewarding, regardless of which route you go down. It’s easy to find a full-time job with excellent benefits and job security. However, starting your own teaching business as a tutor can be even better. Here, you aren’t limited by the rules of a school, meaning you set your own working hours and can earn more money.
Furthermore, COVID-19 has shown that teachers have lots of technology at their disposal. This means you can provide remote teaching services to people all over the world. As a result, money-making opportunities increase!
As far as small business ideas go, this is one of the best. On that note, here are some tips to help you get started with this endeavor:
Make sure you’re qualified to teach secondary school education
Primary school teachers won’t see much success in starting their own tutoring business. It’s rare that young children need additional teaching away from school. Instead, you need to start studying secondary education to get the qualification to teach it. Older children and teenagers have more on their plates, meaning they often seek out tutoring services. Towards the latter years, some schoolchildren will leave their school and work with a private tutor full-time to focus on a specific subject or goal. This is where the money lies, so be sure you’re fully-qualified.
Market your business locally
As a small business owner, you need to generate interest around your company. The best way to do this is by marketing your business locally. Spread the word amongst parents and children in your area. Ramp up your marketing efforts in the lead up to big exam periods, focusing on your ability to help kids improve their grades. This will attract lots of attention, particularly from parents who want to do all they can to help their kids. The schools probably won’t be happy about this, but there’s genuinely nothing they can do. The children are still going to school, you just offer some extracurricular activities to partake in.
Provide online tutoring
Online tutoring is the way forward in this day and age. As mentioned in the introduction, the current pandemic has shown just how innovative teachers can be. This gives you an opportunity to find many more clients, not just those in your local area. It can also make your service a lot easier to provide as you don’t have to travel around a lot. Who knows how long we’re going to be stuck with social distancing measures around the world. It could be some time before it’s safe to meet students face-to-face. Or, you’ll have to spend lots of money putting extra safety precautions in place. Speaking of money, online tutoring ensures you have hardly any overhead costs to worry about. As you can imagine, this widens your profit margins!
The bottom line is that starting a teaching business is a brilliant idea – especially if you already have the qualifications. The three points in this article will give you some additional things to consider as you move ahead with this idea. As far as profit potential goes, this is a big one.